With the NCAA being a multimillion dollar industry and coaches being well-paid, in addition state-of-the-art buildings and equipment found on many campuses, we were wondering: Shouldn’t the athletes make a bit of money from these revenue streams?
Prior to beginning our research, we felt that the student-athletes should be paid. We felt that they should be paid for many different reasons. Many coaches are well compensated, For example, the top 3 college NCAA football coaches make over 5 million a year, with number 1 (Nick Saban, Alabama) making 7.3 million a year (TheRichest, 2013). This suggests the players should also be paid due to the fact that their skill is what brings thousands of fans out to watch every single week, not only the coaches.
The NCAA’s March Madness tournament pulls in more money in ad revenue than the Super bowl and the World Series combined (Kantar Media, 2014). In 2013, it cost 1.42 million dollars to purchase 30 second commercial airtime during the final of March Madness. That is an insane amount of money!
Although we believe that the athletes should be paid, but we understand the complexities of the issue. The students are receiving educations in most cases, they also get the status of being a college athlete which makes them role models. Many of these athletes get the chance to play in the best facilities in front of thousands of screaming fans every single week. We also understand that determining how much each player would make and which sports would get the most money could cause issues amongst different conferences, schools and teams within a school.
So what do you think, should college and university athletes be paid? And if so, how should we go about paying them?
Andrew Hughes, Laura Dougay and Katelyn Peters
Bhandari, N. (2013, November 22). Top 10 Highest-Paid Coaches in College Football. Retrieved March 29, 2015, from http://www.therichest.com/sports/football-sports/top-10-highest-paid-coaches-in-college-football/
March Madness Generated $1.15 Billion in Ad Revenue in 2013. (2014, March 10). Retrieved March 30, 2015, from http://kantarmedia.us/press/march-madness-generated-1-billion-ad-revenue-2013
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